Devon

Devon, Alberta

Market snapshot

As of September 27, 2026, the median asking price in Devon is $567,400, across 22 active MLS® listings.

Those listings have been on the market an average of 35 days.

12 new listings came to market in Devon in the last 30 days.

Asking prices work out to about $305 per square foot, based on the 22 listings that report floor area.

Detached homes in Devon are listed at an average of $571,378 across 16 active listings.

Duplexes in Devon are listed at an average of $592,960 across 5 active listings.

About Devon

Devon is a small, river-valley community on the south edge of the Edmonton Metro, known for a quiet, family-oriented feel, mature streets, and strong outdoor access via the North Saskatchewan River valley trails and nearby recreation areas. Housing is primarily low- to medium-density (single-detached homes, duplexes, and some townhomes/low-rise rentals), which keeps the neighbourhood character suburban and stable. Residents skew toward families and working professionals, including commuters to Edmonton, Nisku, and Leduc County employment nodes, with a meaningful share tied to industrial and energy-related work.

Key amenities are concentrated along Devon’s main commercial areas (groceries, services, local dining) with larger retail and medical options a short drive away in Edmonton, Leduc, or the Airport/Nisku area. Schools are locally accessible (elementary and junior high options within town, with high school choices typically requiring a short commute depending on catchment), and transit is limited compared with Edmonton proper—most households rely on driving, which is typical for the community. Real estate trends tend to be less volatile than central Edmonton: pricing is generally more affordable, investor entry costs are lower, and rental demand is supported by local employers and metro-area commuters, though liquidity can be thinner and growth more sensitive to regional job cycles.

Market pulse

Devon’s for-sale market is fairly tight right now with 22 active listings, a median asking price of $567,400 and an average $305/sqft, spanning everything from established areas with more modest, mature-home options to newer pockets featuring larger, higher-priced builds. Homes are spending about 35 days on market so far, and with 12 new listings in the past 30 days adding some fresh choice, buyers and investors have room to be selective—but well-positioned properties can still move quickly when priced to current expectations.

AI-written commentary on the active MLS® listing snapshot as of September 27, 2026. Not financial advice.

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Walk Score 40 · Bike Score 69

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Data from MLS® System. Deemed reliable but not guaranteed accurate by CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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